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A trustee sale had been scheduled last week for Elevation Chandler, the unfinished hotel project adjacent to Chandler Fashion Center. Developer Jeff Cline would have faced losing his prime piece of property at Loop 101 and the Santan Freeway on Feb. 5, but in early December, he secured a bridge loan of $24 million to pay off his debts and retain control of the project. The loan gave the developer breathing room and a year to obtain new financing to resume construction.   More…

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